Ilim Pulp lines up import financing

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01 May 2005

Ilim Pulp, Russia's largest forest products corporation, was set to conclude the financing of its pulp plant modernization in April through HSH Nordbank. The Finnvera-backed deal is the first of its kind in the Russian pulp and paper industry.

The pulp and paper group signed a framework agreement with the German bank in early April to cover the import of equipment from...

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